Sometimes It's Hard for Owners to Talk to Companies
Why the U.S. Justice Department is casting a wary eye on public company executives talking to individual shareholders.
Regulators Don't Want Bankers to Be Paid for Taking Risk
There's something pleasingly quaint about reading a new bankers' compensation rule, with its implication that what needs changing about banking is the culture of risk.
Real Investment Adviser Sold Some Fake Investments
The Andrew Caspersen case: a pretty popular fraud with a twist: the victim was a hedge fund.
'Flash Boys' Exchange Isn't About the Little Guy
Institutional investors are more important than retail. Yes, they're bigger and have more money, but they're also the little guy.
Deutsche Bank Analyst Kept Some Doubts to Himself
Don't put incriminating things in writing to yourself. What is the purpose of that?
Justices Will Know Insider Trading When They See It
A loose but useful way to think about U.S. insider-trading law is that it is supposed to encourage research, but discourage cheating.
Goldman Puts Mortgages and Naked Shorts Behind It
It would be odd if Goldman's punishment for selling bad loans to investors is that it has to take more money away from those investors.
Steve Cohen Will Be Back in 2018. That's Good.
Since shuttering SAC, his Point72 family office has far outperformed, so maybe he’s good for the industry and investors even without the alleged insider trading.
Good Technology Wasn't So Good for Employees
Why we should feel worse for Good Technology's employee-shareholders than for the average public-company employee-shareholder whose stock goes down.
When Can Bond Traders Lie to Their Customers?
Is lying to your investors about the price you paid for a bond fraud? A federal court decides.